Jefferies: Gives Boeing (NYSE:BA) a “buy” rating with a $250 price target

Jefferies analyst Sheila Kahyaoglu said in a research note that it gave Boeing (NYSE:BA) a “buy” rating with a $250 price target. The analyst noted that a “new” software issue would reportedly delay deliveries of specific Boeing 737 MAX models by up to a year, but the analyst said the delay in deliveries of certain 737 MAX models caused by software issues was “not a new problem” for Boeing, which is estimated to affect deliveries of 30 to 40 aircraft. Sheila doesn’t think the issue will affect Boeing’s delivery targets for this year.

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